Soybeans…. divergence between unsold soybeans and futures


https://preview.redd.it/akyh83yy2oxf1.png?width=717&format=png&auto=webp&s=a2e1285db68c68284c902206376b4c8e5c4640d3

I’ve a query – very not too long ago I noticed some information that the USA will get almost suffocated by unsold soybeans from the 2025 harvest. Farmers cant promote all of their shares to ag firms and the firms storage is full. FULL. They actually let the soybeans stockpiled underneath some tents…

Why then the soybean future but in addition soybean spot rallies? China has purchased the soybeans for the following quarter in Argentinia, and right here I simply see a really drastic mismatch between provide and demand.

For me it appears to be like as if the chart utterly defies the basics. The worth is simply that prime as a result of many of the saved soybeans will not be offered into futures (but)

Every other ideas on that? I would like to brief soybeans, nonetheless my market information about that is by some means restricted.

submitted by /u/WickOfDeath
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